The market is 'vulnerable,' but here are 3 things that could signal the next rally

The market is "vulnerable," but three things could signal the next rally, according to one strategist.

"We'd like to see a little bit of a washout, and some of that just takes a little bit of time for people to digest information and to get a little more cautious," he toldSecondly, Clissold monitors how oversold the market gets. While Monday's sell-off took the Dow down over 750 points, the strategist says even more extreme oversold conditions could put the market back on track, especially given that stocks had looked overbought in the last few months.

"We'd like to see those estimates get lower before we'd feel comfortable that there's a little bit of a better fundamental underpinning to the market," he said.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Controversial Victoria's Secret CMO Ed Razek Is Leaving the CompanyThe man responsible for the brand's homogenous, airbrushed and sexualized image is out. That interview was the single biggest PR FAIL of the last decade. _alegpaez al parecer tiene que ver con la cancelación It's about fucking time! transphobic bigoted simple twit! Maybe now VictoriasSecret can hire women to run the company and stop the 1980's soft porn method of selling lingerie! Now use real women. DO NOT AIRBRUSH THEM! Stop being 'his' fantasy. Be hers or lose marketshare
Source: Fashionista_com - 🏆 474. / 51 Read more »

Ed Razek, the Man Behind the Victoria's Secret Fashion Show, Is Leaving the CompanyEd Razek, the man behind the Victoria's Secret fashion show, is leaving the company
Source: Yahoo Lifestyle - 🏆 365. / 59 Read more »